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Quote: El Rey "www.therfl.co.uk/news/article/25747/bulls-lose-6-points'"


Won't really hurt them.

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As I said before, if they don’t get liquidated then I have no issue with Bradford remaining in SL, just as Trinity and the Crusaders were allowed to do. If they are liquidated then that’s another question and would draw parallels to the Rangers fiasco.

The main issue for me is the lease. The RFL must hold onto it unless they receive full payment back from any suitors. It still grates that when Trinity were struggling financially the RFL loaned Bradford £700K on the QT which then led to the iconic venue preservation cover up a year later. Should they sell the lease for anything less than what they paid it will only serve to exacerbate my annoyance.

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Quote: Khlav Kalash "The main issue for me is the lease. The RFL must hold onto it unless they receive full payment back from any suitors. It still grates that when Trinity were struggling financially the RFL loaned Bradford £700K on the QT which then led to the iconic venue preservation cover up a year later. Should they sell the lease for anything less than what they paid it will only serve to exacerbate my annoyance.'"


I think that could well be the sticking point; the RFL painted themselves into a corner with all that 'iconic stadia' nonsense, so if they go on to sell it for anything less than the purchase price, they'll have a PR disaster on their hands.

ABC might come up against a brick wall in that particular area of the negotiation, unless the RFL are so desperate for the Bulls to remain intact that they're prepared to suffer the slings and arrows.

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Quote: bren2k "ABC might come up against a brick wall in that particular area of the negotiation, unless the RFL are so desperate for the Bulls to remain intact that they're prepared to suffer the slings and arrows.'"

Occasionally having a low profile sport can be a good thing. Many of the people who are aware of RLF and their delaings already think they’re inept at best, so a few more moans from the RL public won’t be too much of a hindrance to them. ‘Water off a ducks back’ springs to mind.

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The talk is they have a six points deduction because the offer by the potiential buyers doesnt include paying any creditors which wakefield did and should meant the offer turned down and Bulls will end up liquidated...

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If liquidated then should be all points but that won't really matter as players that would finally get swooped on would make then so weak that they wouldn't be able to challenge the top eight.

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The transfer deadline has now passed so players can be signed but can't play for the new club so they would probably be "loaned back" to Bradford to the end of the season.

PHe
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Quote: Wakefield No 1 "The talk is they have a six points deduction because the offer by the potiential buyers doesnt include paying any creditors which wakefield did and should meant the offer turned down and Bulls will end up liquidated...'"


Does that include HMRC? ... if so they haven't a prayer

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Quote: rlfan "The transfer deadline has now passed so players can be signed but can't play for the new club so they would probably be "loaned back" to Bradford to the end of the season.'"



A little thing called dispensation would probably be given if Bulls were liquidated. The best interests of the players would come first if Bulls went pop and if wanting quick employment through other clubs i am sure RFL would sort this no problem.

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New bid on the table
www.thetelegraphandargus.co.uk/n ... buy_Bulls/

the plot thickens, guess this means another extension to the extension that was extended from the original extension icon_rolleyes.gif
New bid on the table
www.thetelegraphandargus.co.uk/n ... buy_Bulls/

the plot thickens, guess this means another extension to the extension that was extended from the original extension icon_rolleyes.gif


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Once again a conditional offer. The security of remaining in SL I can understand, but the insistence of the lease being, I assume, sold back is the one that gets me. They would still have to pay Bradford Council the going rate for the land which from the guff given at the time ‘iconic-stadiumgate’ would be the same as what the RFL charge, unless they are wanting the lease so they can subsidises their bid by humping a new loan secured against Odsal. Much like Craig White using a loan secured against future season ticket sales to fund his takeover of Rangers.

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The Asian businessmen offer rejected by rfl, what next for Bradford???

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Thank God - in terms of some integrity shown by the RFL.

Oh poop in terms of the Bulls fans and players, let's hope one of these one/two alternate bids are appropriate.

198 posts in 14 pages 
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